Our Financial Products

Working together to provide asset finance solutions for your clients' growth ambitions.

We are a trusted, leading intermediary asset finance provider - so if you're a broker we'll work closely with you to deliver the right funding solution for your client. You'll find our finance products and structures simple, with straightforward documentation supported by speedy payments to suppliers. And with quick credit decisions, there's no waiting around.

We can also fund assets from foreign suppliers on our sale and hire purchase or lease back refinance products.

Hire Purchase (HP) is a popular option if your customer wants to own the asset outright at the end of the agreement term.

We’ll purchase the asset on the customer’s behalf and create a tailored repayment plan to suit their budget. At the end of the agreed term, the customer can choose to take ownership of the asset for a nominal fee.

The benefits of Hire Purchase:

  • Simple, straightforward product. VAT is paid up front and the customer makes their own arrangements for maintenance, repairs and servicing.
  • Tax advantages. As well as reclaiming VAT (if VAT registered), your customer may be able to claim capital allowances and also offset repayment interest against profits.
  • Flexibility. Your customer chooses how the finance is structured. With a flexible deposit, fixed or variable payments, and the option of a final balloon lump sum payment at the end of the agreement.
  • Ultimate ownership. Your customer has the right to buy the asset at the end of the agreement term.
  • Seasonal payments. Offered for the agriculture market to tailor repayments to meet their seasonal income.

A popular option if the customer isn’t looking to own the asset outright at the end of term.

We buy the equipment and lease it back to the customer with monthly rentals. VAT is calculated and payable on the monthly rentals. This reduces the upfront costs.

The benefits of leasing are:

  • Your customer can free up capital as VAT is spread across the contract, keeping upfront costs down.
  • Leasing can be tax efficient as repayments are counted as a business expense.
  • Your customer can control costs allowing for easy budgeting for maintaining the equipment. They can also choose to include maintenance costs in the repayment plan

We have a range of lease options including…

Finance Lease

This lease has a primary term with fixed rentals.

At the end of the primary period your customer can:

  • hand the equipment back to us,
  • sell to a third party on our behalf and retain a percentage of the sales proceeds or
  • continue renting it after the primary period ends

Fixed Term Lease

This lease has a term with fixed rentals, which has a set end date.

At the end of the fixed term your customer will return the asset back to Aldermore.

Refinance is designed to release equity in existing hard assets and to produce an injection of cash that can be used to fund a variety of activities.


  • Funding specific business projects
  • Putting a deposit on new equipment
  • Acquiring a new business
  • Purchasing new assets that may not be suitable for finance

Refinance can be used to fund unencumbered assets or assets financed by another provider (subject to settlements and equity position). We can look at deals for refinance over £25k with varying degrees of security required:

  • Deals between £25k - £100k. Subject to asset age, condition and usage (typically up to 80% of our valuation).
  • Deals over £100k. These may require additional security in the form of waivers from debenture holders and registry of a chattel mortgage against the asset.
  • Vehicle balloons. We continue to offer refinancing at all values.

Unfortunately, we can’t support:

  • refinance on assets to support distressed cash flow
  • refinance for soft assets
  • refinance in Scotland

We also offer a Sale and Hire Purchase Back facility that allows assets purchased in the last 90 days to be funded at the full invoice price (less the deposit).

Compare our products 

  Hire Purchase Lease
Leaves working capital intact
Customers can claim First Year Allowance (FYAs) or Written Down Allowances (WDAs)
Rentals are tailored to cash flow
Rentals are normally tax deductible Interest only
Choice of fixed / structured rentals
Ultimate ownership of asset
Fixed term agreement 
VAT paid with deposit
VAT paid on each payment

For Intermediary Use Only

T&Cs will apply, subject to status and affordability. Any asset used as security may be at risk if you do not repay any debt secured on it.